menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

The Ethere...
source image

TronWeekly

1w

read

87

img
dot

Image Credit: TronWeekly

The Ethereum Pectra Upgrade Will Allow It to Be Faster and Cheaper

  • The Ethereum Pectra upgrade is enhancing the blockchain network by enabling built-in automation, smart account recovery integration, and improved scalability at layer 2.
  • The update includes enhancements to the staking system to help validators handle more workloads efficiently, ultimately increasing the network's scalability.
  • Smart accounts created after the upgrade operate like apps with recovery methods, automation, and improved interactions, simplifying blockchain usage.
  • The Pectra update has increased the speed of data transfer and reduced costs, leading to more Layer 2 activity in projects like Arbitrum and Optimism, making Ethereum more scalable and flexible.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app